Hungary Gas Stores Enough for 82% of Annual Retail Consumption
Gas volume in storage facilities in Hungary reached 3.25 bln cubic meters on August 1, according to a report by Hungarian news agency MTI.
The amount in storage is currently enough for 82% of annual household consumption, the Hungarian Energy and Public Utilities Regulatory Office (MEKH) said on Friday.
Gas volume was 920 million cubic meters over the threshold required by a European Union directive, MEKH said.
The gas storage facilities were 51.3% full on August 1, the report says.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.